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  2. American Community Bank (NY)

American Community Bank (NY)


Overview / Commentary
www.acbalways.com
516-609-2900
300 Glen Street
Glen Cove, NY 11542

American Community Bank (NY) is headquartered in GLEN COVE and is the 97th largest bank in the state of New York. It is also the 2,682nd largest bank in the nation. It was established in 2000 and as of March of 2023, it had grown to 41 employees at 4 locations. American Community Bank (NY) has a B+ health rating.

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Health
B+

Data as of Q1 2023

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Health Grade Components

Overall
FDIC Certificate #35033
Year Established2000
Employees41
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.83%
Return on Equity - YTD6.95%
Annual Interest Income$3.1MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$259.6MM$292.0MM
LoansQ1 2023vs Q1 2022$190.6MM$170.9MM
DepositsQ1 2023vs Q1 2022$217.5MM$254.1MM
Equity CapitalQ1 2023vs Q1 2022$31.1MM$31.2MM
Loan Loss AllowanceQ1 2023vs Q1 2022$2.3MM$2.4MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$0$0
Real Estate OwnedQ1 2023vs Q1 2022$0$0
Rates

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Locations


American Community Bank (NY) Locations
Commack Branch100 Commack RoadCommack, NY 11725
East Northport Branch1968 Jericho TurnpikeEast Northport, NY 11731
American Community Bank300 Glen StGlen Cove, NY 11542
Mineola Branch285 Jericho TpkeMineola, NY 11501
Hillside Avenue Branch Office799 Hillside AvenueNew Hyde Park, NY 11040

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